Visibility remains poor for UK financial sector

The UK financial sector, excluding banks, is experiencing a period of poor visibility with few clear trends emerging. The sector covers a number of quite distinct service providers, among others, insurance, asset gatherers, secondary lenders and brokers. The one theme that is consistent across these businesses is a concern about the health of the economy, with financial services companies experiencing a fall off in demand, says Richard Peirson, a non-banking financials analyst at Framlington. Small businesses that operate in the venture capital market could be in for a tough time, he wa...